Core Banking Modernization Services

Serve customers with better, faster, more personalized experiences.

Colorful gradient
Client Case Studies

Cutting Edge Solutions for the World's Leading Banks & Financial Services Firms

Data Warehouse for Regulatory & Operational Reporting Across 20+ Systems

Built a data warehouse which consolidates data from 20+ systems including two core banking platforms for accurate regulatory & operational reporting. The engine streamlines ETL, validation, and BASEL II compliance, supporting both daily operations and long-term MIS strategy.

Clickstream Analytics at Petabyte Scale for 9M+ Retail Customers

Built a clickstream analytics platform for CRM and risk modeling across digital channels. With 1PB+ of behavioral data, 900+ predictive triggers, and integrations with external sources, the solution improves loan targeting, boosts campaign conversion, and sets the foundation for real-time engagement.
Features & Services

Core Banking Modernization Solutions

Replace rigid core systems with agile platforms that support personalized experiences & operational agility.

Composable Core Architecture

Decompose monolithic cores into BIAN-aligned, event-driven microservices that enable faster change, better integration, and domain-led agility.

Intelligent Data & Insights

Leverage core banking data for real-time behavioral insights, smarter risk decisions, and personalized customer engagement.

Multi-Speed, Phased Modernization

Support phased transformation strategies—whether via greenfield, build vs. buy evaluations, or wrapping legacy with APIs and middle layers.

Build vs. Buy Strategy

Support migration to next-gen core systems (e.g., Temenos, Mambu) or or re-engineer existing platforms using Java Spring Boot, Kafka, and Kubernetes with zero-downtime upgrades.

Operational Resilience & Cost Efficiency

Improve availability, reduce tech debt, and enable continuous delivery with blue-green deployments and reusable architectural patterns.

360° Integration & Global Standardization

Unify fragmented core systems across regions to drive consistent customer experiences, streamlined operations, compliance layers, and lower total cost of ownership.

Replatform & Refactor Mainframe Apps

Migrate COBOL and PL/I workloads to microservices or Java-based architectures, using phased replatforming or containerization strategies.

Risk-Controlled Migration

Adopt phased modernization with side-by-side systems, blue-green deployments, and robust rollback strategies to ensure business continuity.

Hybrid & Multi Cloud Integration

Move from on-prem mainframes to hybrid or full-cloud models (e.g. Azure, AWS, GCP) to enable elasticity and lower infrastructure costs.
Integration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration icon
Tech Stack & Partnerships

Industry Partnerships and Modern Tech Stack Powering Our Solutions

Is now part of Virtusa
About Us

In Numbers

Since we've joined Virtusa, we're much more than just a local European player, bringing deep Banking, Financial Services, and Insurance expertise from across the globe.
100+
Top Banking, Financial Services, and Insurance Clients
2,000+
Successful Projects
12+ Years
Average Client Tenure
90th
Percentile NPS
15,000+
BFSI Experts
30,000+
Total People On Board
Testimonials

See what some of our clients have to say

David McGowan
SVP, CIO of Global Commercial Services. Previously CTO at Kabbage, Acquired by American Express
"Kabbage’s (Acquired by American Express) partnership with ITMAGINATION has been instrumental in completing our goals across numerous major projects."
Logo ITMAGINATION Client BNP Paribas
Małgorzata Dąbrowska
Chief Operating Officer & Board Member
"ITMAGINATION has been cooperating with BNP Paribas since 2012, completing many initiatives with the bank, providing and implementing software that was developed especially for our needs."
Dorota Poniatowska-Mańczak
Chief Innovation Officer
"We have been cooperating with ITMAGINATION since 2016. The main project created by ITMAGINATION for our company was implemented very quickly – in only 13 months."
Luma Financial Technologies Logo
David Wood
Managing Director
"ITMAGINATION's team was able to understand our business needs and set up a development team quickly and to a high quality."
Armadillo.one Logo
Michael Wolf
Chief Technology Officer (CTO)
"The  team has been great to work with, they are direct communicators, open to  feedback and work hard to build a great product."
Logo ITMAGINATION Client Hochland
Robert Pernak
Pricing Manager
"ITMAGINATION's team clearly understands our needs, have top-notch expertise both in our sector (FMCG), as well as the technologies used - Business Intelligence Data Warehousing."
Team

Meet Our Solutioning Team

Amit Bhute
Global Head of Banking and Financial Services at Virtusa
With over 25 years of technology experience in the financial services industry, Amit has spearheaded initiatives to modernize payments platforms, transform core banking systems, build new cash management platforms, launch embedded finance products, and leverage AI to reduce sanctions false positives.
Maciej Gos
Chief Architect
As the Chief Architect at ITMAGINATION, I design secure, scalable solutions on Microsoft Azure, specializing in cloud architecture, AI, and data platforms to help our clients drive innovation and efficiency.
Jakub Czajkowski
.NET Competency Leader
With over 16 years in the IT industry, including more than a decade at ITMAGINATION, I specialize in backend development, cloud architecture, and Microsoft technologies, helping businesses design scalable, high-quality solutions with a value-first approach.
Tomasz Rębelski
Java Competency Leader
With over 13 years of experience in software development, architecture, and engineering leadership, I help businesses build scalable, high-performance solutions across industries, specializing in modernization, enterprise integration, and AI-driven personalization.

Have any questions?

Don't hesitate to reach out! Our team is here to help.

Let's Talk About Your Project!

Thank you! Your submission has been received!
We will call you or send you an email soon to discuss the next steps.
Oops! Something went wrong while submitting the form.
Have an RFP or issues viewing the form?
Please reach out to us at marketing@itmagination.com

Maciej Gos

Chief Architect

ITMAGINATION LinkedIn
If you're interested in exploring how we can work together to achieve your business objectives & tackle your challenges - whether technical or on the business side, reach out and we'll arrange a call!

Our Team Is Trusted By

Logo ITMAGINATION Client BNP ParibasCredit Agricole ITMAGINATION ClientSantander ITMAGINATION ClientLogo ITMAGINATION Client CitiDNB (Danske Bank) ITMAGINATION ClientArmadillo.one LogoGreenlight ITMAGINATION Customer / Client